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US I - Early Colonial Trade and Slavery Vocabulary
US I - Early Colonial Trade and Slavery Vocabulary
16
History
10th Grade
10/25/2011

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Term
mercantilism
Definition
economic theory that a country should try to get and keep as much bullion, or gold and silver, as possible by exporting more goods than it imported.
Term
balance of trade
Definition
dfference in value between imports and exports.
Term
triangular trade
Definition
trade between the americas, europe, and africe.
Term
middle passage
Definition
months-long voyage from the African coast to which slaves where transported.
Term
immigrants
Definition
person who enters new counrty to settle.
Term
naval stores
Definition
products such as pitch, tar, and turpentine that are used to build or repair wooden ships.
Term
Navigation Acts
Definition
a set of trade laws to help the English shipping industry.
Term
enumerated commodities
Definition
were certain products, or most profitable (tobacco or cashcrops), from the colonies could be sent only to england or to english colonies.
Term
duty
Definition
tax on goods brought into a country.
Term
hold
Definition
cargo storage area of a ship.
Term
avarice
Definition
greed.
Term
mariners
Definition
sailors.
Term
parcels
Definition
groups to be sold.
Term
floggings
Definition
whippings.
Term
board of trade
Definition
eight well paid officials of the king charged with keeping track of the american colonies.
Term
vice-admiralty courts
Definition
did not have juries so that trials based off the Navigation Acts would favor the King.
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